Cement capacity utilisation crosses 96pc in Aug

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LAHORE – The cement capability utilisation in August 2017 was greater than 96 % because the home cement dispatches are always rising which is an efficient signal, indicating that the economic system is in fine condition.

In accordance with the information, within the first two months of this fiscal, the business dispatched 7.148 million tons cement, exhibiting an general development of 20.81 % over the corresponding interval of final fiscal. Throughout this era, the home consumption elevated by 27.95 % however exports declined by 13.39 %. It’s price noting that the home cement consumption throughout July-August of this fiscal elevated by 28.51 % within the North and by 25.41 % within the Southern a part of the nation. In distinction, the exports from North declined by solely 2.47 % in contrast with a decline of 25.41 % within the South. This ought to be a matter of concern for the authorities as a result of previously the South primarily based mills being nearer to sea had been main cement exporters. In August 2017, the home cement dispatches within the Northern area was 2.731 million tons in opposition to dispatches of two.495 in August 2016 whereas the dispatches within the Southern area was zero.625 million tons in August 2017 in opposition to dispatches of zero.532 million tons in similar month final yr. Exports from North had been zero.307 million tons final month in opposition to zero.355 million tons in August 2016. The exports from the South stood at zero.103 million tons in August 2017 in opposition to exports of zero.203 million tons in August final yr. The business stakeholders identified that fixed decline in cement exports is a supply of concern, saying the decline in exports is according to the general decline in non-textile exports which signifies non-competitiveness of our manufacturing sector.

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